Thejo Engineering Ltd is an Engineering Solutions provider for Bulk Material Handling, Mineral Processing and Corrosion Protection to the Core Sector Industries like mining, power, steel, cement, ports, fertilizers etc. Company's services include belt conveyor maintenance and operations.
Company's corporate office and manufacturing units are located in Chennai and they have a wide network of branch and site offices across 14 states. Thejo's international presence through partnerships and distribution network extends across Australia, kingdom of Saudi Arabia, the USA, Germany, Chile, Brazil and Ghana.
The Promoters of the company are:
1. Mr. K.J. Joseph
2. Mr. Thomas John
The object of the issue are to:
1. Setting up a poly-urethane unit at Chennai;
2. Expansion of existing facility at Chennai;
3. Setting up R&D Unit at Chennai;
4. Setting up a lining plant at Chennai;
5. Investment in Australian Subsidiary, Thejo Australia Pty Ltd; and
6. General corporate purposes.
»» Issue Open: Sep 4, 2012 - Sep 6, 2012
»» Issue Type: Book Built Issue IPO
»» Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 19.00 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 402 - Rs 430 Per Equity Share
»» Market Lot: 300 Shares
»» Minimum Order Quantity: 300 Shares
»» Listing At: NSE SME
CRISIL has assigned a CRISIL SME fundamental grade of ‘SME 5/5’ (pronounced "SME five on five") to the proposed IPO of Thejo Engineering Ltd (Thejo). This SME fundamental grade indicates that the fundamentals of the company are excellent compared to other SMEs in India. CRISIL assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Read Thejo Engineering IPO Report
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||229,800||81,900||161,100||472,800|
|Day 1 - Sep 4, 2012 17:00 IST|
|Day 2 - Sep 5, 2012 17:00 IST|
|Day 3 - Sep 6, 2012 17:00 IST|
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